Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Meeka Gold Limited ( (AU:MEK) ) just unveiled an announcement.
Meeka Metals Limited, a company involved in the metals industry, has announced the conversion of 562,500 unlisted options into fully paid ordinary shares, generating proceeds of $33,750. This move signifies a strategic financial maneuver, potentially enhancing the company’s capital structure and market presence, while adhering to regulatory compliance as per the Corporations Act.
The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.27 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.
More about Meeka Gold Limited
YTD Price Performance: 159.74%
Average Trading Volume: 15,805,982
Technical Sentiment Signal: Buy
Current Market Cap: A$584.1M
Find detailed analytics on MEK stock on TipRanks’ Stock Analysis page.